BUSINESS DIGEST
FRIDAY, OCTOBER 5, 1984 Companies National Intergroup has agreed to merge with Bergen Brunswig, a drug and electronics wholesaler. National, a steel company seeking to redeploy its assets, said it would be acquired in a stock transaction valued at $550 million. The price surprised analysts, who noted that it was below National's market value and represented a substantial discount from its book value. (Page D1.) Phibro-Salomon's co-chairman, David Tendler, resigned, two months after he was pushed aside as co-chief executive. Analysts said John H. Gutfreund, the chief executive who had also been co- chairman, was now completely in control of the investment banking and commodity trading house. (D1.)